Complete Listing

2328 - 2344 Le Caron, Sud-Ouest

Cost per Unit (CPU)
158 000 $
Gross Revenue Multiplicator (GRM) 16.8
Net Revenue Multiplicator (NRM) 22.4
Capitalization Rate (CAP)
4.5 %

Excellent property, with 9 apartments, located in South-West in a growing neighborhood, near transportation and downtown. Easy to manage, and further optimization potentiel is possible. All units where redone in the past 10 years. One unit is currently being converted in a more luxury concept, see pictures. Nice terraces made with wood are offered for tenants use. A profitable investment!

Cartography

Property description

Features

Heating System Electric baseboards
Hot Water System Tank electric
Electrical Pannels To be verified
Plumbing ABS, copper and PEX
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering To be verified
Environmental Study Yes
Condition of Roof Refait, 2008
Siding Brick
Condition of Balconies Wood
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Exterior
Intercom and Bell No
Fire System No
Janitor Agreement No

Construction

Year Built 1900
Building Type Detached
Construction Type Wood
Number of Stories 3
Other Informations

Building type

Number of Units 9 x 3.5
Number of Parkings 4
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants and owner
Washer /Dryer Installation Yes
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • - Roof 2008.
  • - All apartments have been redone in the last 10 years.
  • - Several windows changed over the years.

Other informations

- The owner provides the appliances for 3 apartments - An apartment is in conversion completely, new design and beautiful finishes

The buyer must refinance  the mortgage at the vendor's institution
People Trust | Balance: 795 176$ | Rate : 2,51% | Term: December 2020 | Monthly Instal. (C+I) To be verified

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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Pictures